March 17, 2010 (FinancialWire) — Movado Group, Inc. (NYSE: MOV) has promoted Rick Cote to president, in addition to his current responsibilities as chief operating officer.  Cote will continue to report to Efraim Grinberg, the watch firm’s chairman and CEO.

Cote joined Movado Group in January 2000. He has served as EVP and COO since May 2001.

New Jersey-based Movado Group designs, sources, and distributes Movado, Ebel, Concord, ESQ, Coach, Tommy Hilfiger, Hugo Boss, Juicy Couture and Lacoste watches worldwide, and operates Movado boutiques and company stores in the United States.

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